AUDJPY posts a candle close below ascending trendline support! Further drop to come!

Trading Recommendation

Entry: 68.166

Reason for Entry: ascending trendline resistance

Take Profit : 66.486

Reason for Take Profit: 61.8% Fibonacci retracement

Stop Loss: 68.912

Reason for Stop loss: Graphical swing high, 61.8% Fibonacci retracement